As of August 21 at 3:20 PM GMT+2. Market Open. Constellation Brands (STZ), the company behind Modelo and Corona beers and Svedka vodka, cut its 2025 full-year earnings guidance to $3.05 - $7.92 per ...
Booze giant Constellation Brands on Tuesday warned it could be forced to write down the value of its assets by as much as $2.5 billion this year because of weak wine demand as consumers pull back ...
Sept 3 (Reuters) - Constellation Brands (STZ.N), opens new tab will write down the value of its wine and spirits business and take up to a $2.5 billion charge in the current quarter, the Corona ...
It’s been a long time coming, but E.&J. Gallo has closed its acquisition of more than 30 wine brands and five wineries from Constellation Brands. The final price was approximately $810 million, ...
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